Black Diamond Group Limited Announces February Dividend

CALGARY, ALBERTA--(Marketwire - Feb. 18, 2011) - Black Diamond Group Limited ("Black Diamond") (TSX:BDI) is pleased to announce that its Board of Directors has declared a dividend for the month of February of $0.095 per share to holders of common shares. The dividend will be paid on March 15, 2011 to shareholders of record on February 28, 2011. The ex- dividend date is February 24, 2011. This dividend is an eligible dividend for Canadian income tax purposes.

About Black Diamond

Founded in 2003, Alberta-based Black Diamond Group Limited is a leading provider of temporary and permanent modular building and energy services products. Through its wholly-owned subsidiaries, Black Diamond Limited Partnership, Nortex Modular Leasing and Construction Company and through its 50% equity participation in the Black Diamond Dene Limited Partnership and Black Diamond West Moberly Limited Partnership, Black Diamond operates three complementary divisions in thirteen strategic locations across Canada and USA.

Black Diamond Camps and Logistics rents and sells remote workforce housing and provides associated services; BOXX Modular specializes in renting or selling a broad range of modular work space solutions and Black Diamond Energy Services rents and sells a full complement of oilfield equipment and services. Black Diamond provides world-class services to a full spectrum of industries including oil, gas, mining, power, construction, engineering, military, government and education.